Indonesia-Nigeria Trade: In 2022, Indonesia exported $489M to Nigeria. The main products that Indonesia exported to Nigeria were Margarine ($80.8M), Uncoated Paper ($49.9M), and Palm Oil ($46.2M). Over the past 5 years the exports of Indonesia to Nigeria have increased at an annualized rate of 1.54%, from $453M in 2017 to $489M in 2022.
In 2022, Indonesia did not export any services to Nigeria.
Nigeria-Indonesia Trade: In 2022, Nigeria exported $3.83B to Indonesia. The main products that Nigeria exported to Indonesia were Crude Petroleum ($3.66B), Cocoa Beans ($105M), and Nitrogenous Fertilizers ($35.5M). Over the past 5 years the exports of Nigeria to Indonesia have increased at an annualized rate of 21.5%, from $1.19B in 2017 to $3.83B in 2022.
In 2022, Nigeria did not export any services to Indonesia.
Comparison: In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).